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Chf-jpy

CHFJPY: Conditions for a long term Sell.The pair is consolidating on 1D (RSI = 52.832, CCI = 21.3985, Highs/Lows = 0.0000) after a strong October rise. There is a certain pattern that calls for a sell opportunity. Once a Golden Cross occurs on the 1D chart, CHFJPY makes a top usually (maximum 10 days which happened in September 2018). At the moment we are approaching to such a formation so wait for a top to be made (near the 1W Resistance) and then start selling. The Target depends purely upon your risk/ reward ratio. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Short
by InvestingScope
1
CHFJPY appears oversold BUY 108.764 - 108.972 Add to Watch List Signal ID: 69511 Time Issued: Friday, 22 November 2019 20:00:15 GMT Status: open Entry: 108.764 - 108.972 Limit: N/A Stop Loss: 108.530 The Congestion Opportunities Strategy has just bought CHFJPY at 108.868. The system recommends entering this trade at any price between 108.764 and 108.972. The signal was issued because the 28-hour Relative Strength Index indicates that the CHFJPY may be oversold, while the Speculative Sentiment Index reading of 1.438 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 0.417, so the stop loss has been set at 108.451. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Congestion Opportunities is a range trading strategy that aims to sell overbought currency pairs and to buy oversold currency pairs. The strategy will only trade when the Speculative Sentiment Index for that currency pair is between -1.5 and +1.5. Limiting range trading in this way has shown in the past to significantly raise the probability of successful range trades.
Long
by FXCM
1
CHFJPY BEARISH CONTINUATIONPrice has reached and ranged at Resistance and continued to show that Buyers are going to be able to break above this time, price then showed our first impulsive leg. After an impulse we wait for a correction, our most ideal and picture perfect entry would be at the 38% matched with whats our new resistance but I do see how price can retrace to the 61.8 % faking our and stumbling all sellers that are ready to enter at the 38%. Elliot wave rules are met if price retraces to the 61.8% then a Sell Order may be placed. Let's allow price to fluctuate then begin to look for an entry, Short.
Short
by RiosTrades
Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 109.816. The system recommends entering this trade at any price between 109.705 and 109.927. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.473, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.089, so the stop loss has been set at 109.373. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 69354 Time Issued: Friday, 15 November 2019 03:00:08 GMT Status: open Entry: 109.705 - 109.927 Limit: N/A Stop Loss: 109.373 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Long
by FXCM
Extreme trader sentiment points to possible CHFJPY downtrend The Trend Follower Strategy has just sold CHFJPY at 109.382. The system recommends entering this trade at any price between 109.256 and 109.508. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.508. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.506, so the stop loss has been set at 109.888. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5. Signal ID: 68937 Time Issued: Thursday, 24 October 2019 17:00:15 GMT Status: open Entry: 109.256 - 109.508 Limit: N/A Stop Loss: 109.888 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Short
by FXCM